NOT LISTED FOR SALE

Estimated Value: $1,963,000 - $2,466,000

2 Beds
2 Baths
1,631 Sq Ft
$267/mo HOA Fee

Last Sold January 24, 2014

Last sale price $1,170,000 $717 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $12,705/month

34 Days on Market

Highlights

  • Ocean View
  • Concrete Pool
  • 1.4 Acre Lot
  • Gated with Attendant
  • Waterfront
  • 3-minute walk to Truman Waterfront Park

About This Home

As of January 2014

Beautifully appointed and furnished waterfront residence in prestigious Truman Annex in Old Town Key West. High ceilings, elegant finishes and wonderful water views highlight this highly coveted end unit in Mills Place. Located in the former Marine Hospital, a historic building designed by Robert Mills, the architect who designed the Washington Monument. Luxurious kitchen with stainless steel appliances and an open floor plan coupled with a large master suite with private balcony provide the utmost in island living. Enjoy wonderful sunsets and ocean breezes on the porch off the living room. Large bedroom on the main level with bright and airy floor plan. Beautiful pool and tropical gardens. Transient rentals allowed. Your place in Paradise!

Last Agent to Sell the Property

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 12/11/2013

Keller Williams Key West Compass Realty

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,207

Year Built

  • Built in 1991

Lot Details

  • Waterfront
  • Fenced
  • Sprinkler System

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,631 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Marble Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Electric Gate
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Mills Place Subdivision

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complete Roll Down Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,207

Year Built

Built in 1991

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 800.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Fire Hydrant, Manager on Premises
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Arms length transaction
  • Side: Ocean
  • State Province: FL
  • Taxes: 8207.00
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8783541
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 61011.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 4 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1631.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Walk-in Closet(s), Storage, Granite Counter Top, Entrance Foyer, Elevator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Marble
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window, Glass Doors, French Doors, Double Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Sprinkler System, Rain Gutters, Lighting
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Central Station Sys, Patrolled Area, Manned Gate, Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.40

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Jan 24, 2014
Sold by
Scerbo John A and Scerbo Barbara R
Bought by
Sickel Scott H and Sickel Patricia H
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$1,219,000
Sold Price
$1,170,000
Premium/Discount to List
-$49,000
-4.02%
Current Estimated Value
$2,210,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,657
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Kiel Steven M and Ryals Paula A
Bought by
Scerbo John A and Scerbo Barbara R

Purchase Details

Closed on
Apr 11, 2002
Bought by
Sickel Scott H and Sickel Patricia H

Purchase Details

Closed on
Aug 4, 2000
Bought by
Sickel Scott H and Sickel Patricia H

Purchase Details

Closed on
Jun 17, 1999
Sold by
Davenport Lynn P and Davenport Diane L
Bought by
Schiff Jon E and Schiff Linda

Purchase Details

Closed on
Mar 13, 1998
Sold by
Spencer Paul F and Spencer Yvette
Bought by
Davenport Lynn P and Davenport Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1994
Bought by
Sickel Scott H and Sickel Patricia H

Purchase Details

Closed on
Jul 1, 1992
Bought by
Sickel Scott H and Sickel Patricia H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sickel Scott H $1,170,000 Attorney
Scerbo John A $1,000,000 Attorney
Sickel Scott H $840,000 --
Sickel Scott H $820,000 --
Schiff Jon E $550,000 --
Davenport Lynn P $439,000 --
Sickel Scott H $315,000 --
Sickel Scott H $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Lynn P $500,000
Previous Owner Davenport Lynn P $55,000
Previous Owner Davenport Lynn P $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $1,170,000 -4.0% $717 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $1,219,000 -- $747 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,159 $1,113,239 -- --
2023 $9,159 $1,080,815 $0 $0
2022 $8,768 $1,049,335 $0 $0
2021 $8,993 $1,018,772 $0 $1,018,772
2020 $8,844 $1,004,707 $0 $1,004,707
2019 $8,718 $982,119 $0 $982,119
2018 $8,728 $963,807 $0 $0
2017 $8,695 $943,984 $0 $0
2016 $8,993 $924,569 $0 $0
2015 $9,167 $918,142 $0 $0
2014 $10,176 $938,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118991

Florida Keys Board of REALTORS®

APN: 00006700-000918